NYSE:NGG

National Grid (NGG) Stock Forecast, Price & News

$69.32

+0.10 (+0.14%)

(As of 05/19/2023 08:48 PM ET)

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Today's Range: $69.09
▼
$69.93
50-Day Range: $63.58
▼
$74.22
52-Week Range: $47.22
▼
$77.94

Volume: 432,000 shs
Average Volume: 336,522 shs
Market Capitalization: $50.97 billion

P/E Ratio: N/A
Dividend Yield: 2.94%
Price Target: N/A

National Grid MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.10% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.37
Based on 15 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -8.31%
From $4.33 to $3.97 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.52 out of 5 stars

Utilities Sector

78th out of 84 stocks

Natural Gas Transmission Industry

17th out of 17 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for National Grid.

5.0

Short Interest

Percentage of Shares Shorted
0.10% of the outstanding shares of National Grid have been sold short.
Short Interest Ratio / Days to Cover
National Grid has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in National Grid has recently decreased by 10.59%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
National Grid pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
National Grid does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, National Grid will have a dividend payout ratio of 51.39% next year. This indicates that National Grid will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NGG.

2.4

News and Social Media Coverage

News Sentiment
National Grid has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for National Grid this week, compared to 6 articles on an average week.
Search Interest
Only 3 people have searched for NGG on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
MarketBeat Follows
4 people have added National Grid to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, National Grid insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 3.49% of the stock of National Grid is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for National Grid are expected to decrease by -8.31% in the coming year, from $4.33 to $3.97 per share.
Price to Earnings Growth Ratio
National Grid has a PEG Ratio of 3.48. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
National Grid has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About National Grid (NYSE:NGG) Stock

National Grid Plc engages in the transmission and distribution of electricity and gas. It operates through the following segments: UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York. The UK Electricity Transmission segment focuses on the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes networks of WPD in the East Midlands, West Midlands and South West of England and South Wales. The UK Electricity System Operator segment deals with the Great Britain system operation. The New England segment is involved in gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New England. The New York segment is composed of gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New York. The company was founded in 1989 and is headquartered in London, the United Kingdom.

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NGG Stock News Headlines

May 20, 2023 | americanbankingnews.com

National Grid (NYSE:NGG) Shares Gap Down to $72.44

May 19, 2023 | reuters.com

CORRECTED-UPDATE 2-National Grid CEO calls for urgent policy reforms to speed energy transition

May 22, 2023 | Behind the Markets (Ad)

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May 19, 2023 | thetimes.co.uk

National Grid blames Ofgem for delays connecting power projects to electricity network

May 18, 2023 | lse.co.uk

TOP NEWS: National Grid ups dividend on revenue and profit jumps

May 18, 2023 | ft.com

Reform planning rules to boost clean energy, National Grid boss urges

May 18, 2023 | msn.com

National Grid's full-year results top estimates but stock drops

May 18, 2023 | seekingalpha.com

National Grid plc 2023 Q4 - Results - Earnings Call Presentation

May 22, 2023 | Behind the Markets (Ad)

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May 18, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on National Grid (NYSE:NGG)

May 18, 2023 | theguardian.com

National Grid profits jump to £4.6bn amid green energy delays

May 18, 2023 | bloomberg.com

National Grid Beats Estimates as Power Networks Drive Gains

May 17, 2023 | seekingalpha.com

National Grid FY 2023 Earnings Preview

May 17, 2023 | americanbankingnews.com

National Grid plc (NYSE:NGG) Receives $1,173.75 Consensus Price Target from Analysts

May 16, 2023 | msn.com

National Grid working to repair a 25K volt cable that may have caused manhole explosions

May 16, 2023 | finance.yahoo.com

National Grid ordered to fix ‘unacceptable’ delays that threaten net zero

May 13, 2023 | thetimes.co.uk

National Grid’s John Pettigrew: network needs billions to hit net zero

May 11, 2023 | axios.com

National Grid's venture arm pours $14 million into two startups

May 10, 2023 | msn.com

Low-flying helicopters over Newark carrying out essential inspections for National Grid network

May 10, 2023 | msn.com

1.6 million UK homes joined scheme to cut winter power demand – National Grid

May 5, 2023 | marketwatch.com

National Grid falls Friday, underperforms market

May 2, 2023 | msn.com

National Grid proposes hefty 17% rate increase for NY customers, blaming climate change policies, inflation

April 29, 2023 | msn.com

National Grid powers up green spaces initiative in Devon

April 26, 2023 | msn.com

National Grid told to hurry up as solar projects face 15 year waiting times

April 26, 2023 | seekingalpha.com

National Grid: Long-Term Play, But Lacking Upside

April 25, 2023 | finance.yahoo.com

National Grid Opens Scholarship Applications for Diverse Engineering Students

April 24, 2023 | americanbankingnews.com

Credit Suisse Group Boosts National Grid (NYSE:NGG) Price Target to GBX 1,250

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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NGG Company Calendar

Today: 5/21/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Natural gas transmission
Sub-Industry: N/A
Sector: Utilities
Current Symbol: NYSE:NGG
CUSIP: N/A
CIK: 1004315
Web: www.nationalgrid.com
Phone: 442070043000
Fax: 011-44-20-7004-3004
Employees: 30,756
Year Founded: 1990

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 16.01
P/E Growth: 3.48
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 1.52
Current Ratio: 0.71
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $26.31 billion
Price / Sales: 1.94
Cash Flow: $7.38 per share
Price / Cash Flow: 9.39
Book Value: $41.73 per share
Price / Book: 1.66

Miscellaneous

Outstanding Shares: 735,270,000
Free Float: N/A
Market Cap: $50.97 billion
Optionable: Optionable
Beta: 0.64

Social Links

Key Executives

John Mark Pettigrew
Chief Executive Officer & Executive Director

Andrew Jonathan Agg
Chief Financial Officer & Executive Director

Adriana Karaboutis
Group Chief Information & Digital Officer

Lisa M. Lambert
Chief Technology & Innovation Officer

Rudolph L. Wynter
President-New York Business

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NGG Stock - Frequently Asked Questions

Should I buy or sell National Grid stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NGG shares.
View NGG analyst ratings or view top-rated stocks.
How have NGG shares performed in 2023?: National Grid's stock was trading at $60.32 at the beginning of the year. Since then, NGG shares have increased by 14.9% and is now trading at $69.32.
View the best growth stocks for 2023 here.
How often does National Grid pay dividends? What is the dividend yield for National Grid?: National Grid declared a semi-annual dividend on Thursday, November 10th. Investors of record on Friday, November 25th will be given a dividend of $2.0929 per share on Wednesday, January 11th. This represents a yield of 7.1%. The ex-dividend date of this dividend is Wednesday, November 23rd. This is a boost from the stock's previous semi-annual dividend of $1.16.
Read our dividend analysis for NGG.
What ETFs hold National Grid's stock?: ETFs with the largest weight of National Grid (NYSE:NGG) stock in their portfolio include Invesco International Dividend Achievers ETF (PID), Virtus Real Asset Income ETF (VRAI), Pacer Trendpilot International ETF (PTIN), Avantis International Equity ETF (AVDE), Dimensional International Sustainability Core 1 ETF (DFSI) and Avantis Responsible International Equity ETF (AVSD).Dimensional International Core Equity 2 ETF (DFIC) and
Is National Grid a good dividend stock?: National Grid (NYSE:NGG) pays an annual dividend of $2.04 per share and currently has a dividend yield of 2.95%.
Read our dividend analysis for NGG.
What other stocks do shareholders of National Grid own?: Based on aggregate information from My MarketBeat watchlists, some companies that other National Grid investors own include National Grid (NG), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Pfizer (PFE), Johnson & Johnson (JNJ), Intel (INTC), Cisco Systems (CSCO), General Electric (GE) and Duke Energy (DUK).

What is National Grid's stock symbol?: National Grid trades on the New York Stock Exchange (NYSE) under the ticker symbol "NGG."
Who are National Grid's major shareholders?: National Grid's stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.51%), Bank of America Corp DE (0.43%), Federated Hermes Inc. (0.35%), Envestnet Asset Management Inc. (0.32%), JPMorgan Chase & Co. (0.17%) and Raymond James & Associates (0.16%).
How do I buy shares of National Grid?: Shares of NGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is National Grid's stock price today?: One share of NGG stock can currently be purchased for approximately $69.32.
How much money does National Grid make?: National Grid (NYSE:NGG) has a market capitalization of $50.97 billion and generates $26.31 billion in revenue each year.
How many employees does National Grid have?: The company employs 30,756 workers across the globe.
How can I contact National Grid?: National Grid's mailing address is 1-3 STRAND, LONDON X0, WC2N 5EH. The official website for the company is www.nationalgrid.com. The utilities provider can be reached via phone at 442070043000, via email at investor.relations@nationalgrid.com, or via fax at 011-44-20-7004-3004.

This page (NYSE:NGG) was last updated on 5/22/2023 by MarketBeat.com Staff

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